hapabapa ServiceNow’s (NYSE:NOW) stock fell about 3% premarket on Monday after Guggenheim downgraded the shares to Sell from Neutral noting that the second quarter of 2024 is fine, but future risks don’t match valuation. The firm introduced a price target of $640 on the shares of the Santa Clara, Calif.-basedContinue Reading
Just_Super BMI (a unit of Fitch Solutions) is maintaining its nickel price forecast for 2024 at $18,000/tonne, as excess supply continues to drag prices down from 2022 levels. The brokerage anticipates increased production in Indonesia and Mainland China, will be the core driver of price losses. However, key market drivers,Continue Reading
Justin Sullivan/Getty Images News Wolfe Research has a list of stocks it says could be potential winners if Donald Trump were to win his presidential re-election bid and lead a Republican-controlled Congress. The debate between President Joe Biden and former President Trump last week led to a further shift inContinue Reading
imaginima/iStock via Getty Images Algonquin Power (NYSE:AQN) edges lower in Monday’s trading after giving up early-session gains that followed Wells Fargo’s addition of the stock to its Q3 Tactical Ideas List, reiterating its Overweight rating and $8.50 price target while viewing the likely sale of the company’s renewables platform asContinue Reading
Eric Broder Van Dyke Live Nation (NYSE:LYV) rose 4% amid a report that the U.S. Justice Department’s antitrust lawsuit against the concert promoter won’t go to trial until 20026. The shares may also be helped by higher odds of a Donald Trump win after the Presidential debate Thursday night. U.S.Continue Reading
Liens/iStock via Getty Images Denison Mines (NYSE:DNN) +3.2% in Thursday’s trading as Roth MKM initiates coverage with a Buy rating and $2.60 price target, saying the company is well positioned to become a low-cost uranium producer in the coming years and has significant exploration growth potential through its large portfolioContinue Reading
yujie chen/iStock Editorial via Getty Images Stifel launched coverage on Tesla (NASDAQ:TSLA) for the first time, with a Buy rating and price target of $265. The firm pointed to the electric vehicle maker’s vast global supply chain coupled with internal manufacturing support cost advantage and strong margins. Analyst Stephen GengaroContinue Reading
anaimd/iStock via Getty Images Vista Outdoor (NYSE:VSTO) ticked down by 1.3% amid a report that the Dept. of Justice is looking at the planned sale of its ammo business to Czechoslovak Group over potential antitrust issues. DOJ antitrust lawyers have held meetings with third parties, including law enforcement groups, thatContinue Reading
Dimitrios Kambouris/Getty Images Entertainment Honest Company (NASDAQ:HNST) rallied 6.00% in Tuesday morning trading after Loop Capital upgraded the retailer to a Buy rating from Hold. Analyst Laura Champine noted that shares of Honest (HNST) have declined 26% this year, despite healthy Q1 sales growth, profitability improvements, and a solid balanceContinue Reading
ImagePixel/iStock via Getty Images A U.S. dollar upside is the “probably the most reliable consequence” of the upcoming U.S. presidential election, as markets predictions lead towards a Trump victory. In a Goldman Sachs Economic Research note, Analyst Dominic Wilson wrote that the U.S. dollar (DXY) still remains attractive due toContinue Reading
